49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based oil drilling rig operators Nabors yesterday posted a loss of $250.9 million for the third quarter of the year.
The firm said the net income figure included the impairment of Nabors’ holdings in C&J Energy Services, which totalled $180.6...
DATE: Oct 28, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The final stage of a $100 million redevelopment of the Hamilton Princess will start at the end of the week.
The third phase of the massive revamp of the iconic hotel will include a new spa with both indoor and outdoor areas and a new gym with updated...
DATE: Oct 27, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda company has teamed up with Sky News, working in partnership to bring the 24-hour news channel to audiences in Bermuda, the Caribbean and Canada.
Hamilton-registered Riverhead Investments, owned and operated by Ann Petley-Jones, is acting as...
DATE: Oct 27, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Bermuda-based reinsurer Validus Holdings Ltd has appointed a representative in China.
Ellie Zhou will take the role of underwriting manager for Greater China as the company seeks to grow its business in the region.
Validus currently writes China bus...
DATE: Oct 27, 2015
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Transitions. When you are in the process of changing any organisation, your challenges are often multiplied given the number of changes that have to be made and the time it does take to implement those changes.
This takes good planning, lots of pati...
DATE: Oct 27, 2015
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CATEGORY:
Other
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The Bank of Butterfield last night reported profits of $25.7 million for the third quarter of this year.
Net income at the bank was up $2.9 million compared to the $22.8 million recorded in the third quarter of 2014.
The news came as Brendan McDonagh...
DATE: Oct 27, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Telecoms firm LinkBermuda has joined forces with BT Ireland to provide data centre and connectivity services on a global scale.
David Caldwell, chief executive officer of LinkBermuda, said the deal would increase the range of services offered by his ...
DATE: Oct 27, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Cyber risks, healthcare and risks associated with medical marijuana were among the insurance issues discussed at the Bermuda Insurance Institute’s (BII) Bermuda Insurance Market Conference.
Experts from the Island and overseas gave presentations a...
DATE: Oct 26, 2015
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CATEGORY:
Other
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NEW YORK (Bloomberg) — Bermuda-based Athene Holding Ltd, the annuity provider tied to Apollo Global Management LLC, hired Michael Solf to oversee asset-management strategy at its new Germany operation.
Solf was named chief investment officer in the r...
DATE: Oct 23, 2015
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CATEGORY:
Other
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BRUSSELS (Bloomberg) — Luxembourg and the Netherlands lost a bit of lustre as tax havens for some of the world’s biggest companies this week, as the European Union fired its latest salvo aimed at multinational tax dodging.
Yet the Netherlands is on p...
DATE: Oct 23, 2015
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CATEGORY:
Other
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